Big Data and Analytics in Utilities in North America: any facts and figures.
Despite the fact that, many utilities, organizations, and companies are
still in the early stages of understanding the full benefits for analytics, it
is capital for Connectikpeople.co to recall that, in today’s data-driven world,
access to information and the ability to analyze and act upon it in real time ,
can create a competitive advantage in the marketplace. Meaning that, Big Data
and Analytics enables for instance: sustainable management of communities and
natural resources; and also brings more appropriate delivery of social,
healthcare, and educational services.
Connectikpeople.co has captured a new report, “, Big Data and Analytics in Utilities in North America,” (Document # EI 247404) which presents the results of the first IDC BDA Maturity Model benchmark based on a study of about 760 organizations including 59 utility
Connectikpeople.co observes that, this study was designed with the goal to
help utilities in assessing their
BDA maturity against market and industry benchmarks; define short- and
long-term goals and plan for improvements; prioritize BDA technology, staffing,
and other related investment decisions; and uncover maturity gaps among
business units and between business and IT groups.
We have captured the following key findings:
- People are a critical dimension of maturity for utilities from multiple perspectives,
- Utilities that report better results from BDA initiatives organize their BDA resources differently from utilities with lower-than-expected outcomes,
- Utilities are reporting continued difficulty in finding and hiring the right mix of talents.
Connectikpeople.co recalls that, the new study is a companion to IDC
Maturity Model: Big Data and Analytics , a Guide to Unlocking Information
Assets (IDC #239771, March 2013), which describes IDC's BDA Maturity Model framework and
identifies the stages, critical measures, outcomes, and actions required for
companies to effectively develop BDA competency.
